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Show School Board Sets Budget Pd $194,600.00 A budget of $194,000.00 for the operation of schools in Iron comity comi-ty during the 1942-43 school year, was approved by the Board of Education Ed-ucation of the District, at its regular reg-ular meeting Monday. This is approximately ap-proximately $2,000.00 less than the amount budgeted for the 1941-42 s.'hool year. Last year's budget was for $190.559 00 Although Urn year's total budget bud-get is less than that of last year, the total amount budgeted for operation op-eration is higher than last year. This years operation budget Is for $160,700 00, as compared with $101,-119.00 $101,-119.00 budgeted last year. The debt service budget this year is set at $L7.900 as compared With $35,440,00 for last year. However, debt ser- v.ce payments will be practically Uie same as last year, but sinking funds available made it possible to reduce the amount of the debt ser vice budget. Relictions have been made in practically every department ol school activities this year over that of lait year, except teachers salaries, for which approximately $lO,O0J.C0 additional is budgeted this year than was last year. A total of $115,22300 is budgeted for teacher's salaries this year, a.i compared to $105,440.00 last year. However, salaries were increased during the year last year, and more than the amount budgeted was paid to teachers of the county. The tax levy for school purposes last year was 14 mills, ten for operating op-erating purposes and four for debt service. This year the levy Ls 13 mills, the operation levy remaining the same and the debt service levy reduced one mill. The revenues for school operation opera-tion will be derived from the following fol-lowing sources: Operation: county taxes, $9,300,000. valuation at 10 . mills, $93,000.00; District School fund, $55,625; State High school fund, $1,600; State equalization fund, $9,975; Smith Hughes fund, $1, 900; Uniform School fund, $1,-0UO. $1,-0UO. The entire $27,900 for debt service ser-vice is raised by the county levy of 3 mills. The expenditures are budgeted as follows: General control, Including Board Superintendent and Cleric salaries, salar-ies, office supplies, etc., $7,953.00. Instru-'tion: Teachers' salaries, $115,223.00, books, $3,000.00; general gener-al supplies and sundry items, $6,-000.00; $6,-000.00; for a total of $124,224J.O0 Health Supervision: Salaries and supplies, $1,200.00. Transportation: Salaries pf mechanics me-chanics and drivers, gas, oil, and repairs, ltc., $8,222.00. Operation of Plant: Including Janitors' salaries and supplies, fuel, power, lights, and water for the various schools, $18,311.00. Maintenance of Plant: Repairs on s hool buildings, $2,057.00. Fixed Charges: Insurance on buildings and busses, and Industrial Insurance, $1,200.00. Capital Outlay: Equipment, $3,537. |